January 22, 2013
President says region’s economic strength will enable Latin leaders to discuss trade and investment as equals with their EU counterparts.
By Jonathan Kandell
Much of Latin America is thriving and no country more so than Chile. The economy has grown at an average rate of nearly 6 percent annually over the last three years despite turbulence in global markets and a devastating earthquake at home, putting Chile on track to become, within a decade, the first nation in the region to achieve developed-country status.
The countrys ascendance will be on full display when Chile hosts a summit meeting on January 26 and 27 among 43 heads of government from Latin America and the European Union, including Chancellor Angela Merkel of Germany, Prime Minister Mariano Rajoy of Spain, and presidents Dilma Rousseff of Brazil and Enrique Peña Nieto of Mexico.
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